Type
Internal restructuring
Country
Sweden
Region
Stockholm; Stockholms län;
Location of affected unit(s)
Södertälje
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations

1,300 jobs
Number of planned job losses
Job loss
Announcement Date
30 September 2007
Employment effect (start)
1 October 2007
Foreseen end date
1 January 2010

Description

Astra Zeneca, the multi-national group that manufactures pharmaceuticals, has announced that 1300 jobs are to be lost at its site in Södertälje. The firm attributes the job reductions to slow growth within the pharmaceutical sector. It is expected that the job losses will be implemented by 2010.


Sources

  • 1 October 2007: Dagens Nyheter

Citation

Eurofound (2007), Astra Zeneca, Internal restructuring in Sweden, factsheet number 66054, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66054.